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World Investment Report
June 15 , 2019
2019 days
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- World Investment Report 2019 was released by United Nations Conference on Trade and Development (UNCTAD).
- It says that Foreign Direct Investment (FDI) inflows to India grew by 6% to USD 42 billion in 2018.
- India was ranked among the top 20 host economies for FDI inflows in 2017-18.
- Sectors like manufacturing, communication and financial services took the lead.
UNCTAD
- It was established in 1964 and has 195 members
- Its mandate is to maximize trade, investment and development opportunities of “developing countries”.
- It also assists them in their efforts towards integrating into world economy.
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